Accounting Intern/Apprentice

Makati City, Metro Manila | Cebu City, Cebu Bookkeeping & Small Practice Accounting (Accounting) | Contract/Temp Full Time

Bookkeeping Activities

• Communicates with PICs to gather required documents and information.
• Reviews gathered information to ascertain proper recording.
• Assist in completing the whole bookkeeping process by using Excel or other accounting software nominated by the client such as QuickBooks and Xero. The process includes journalizing, posting, summarizing, and reporting.
• Complies with the requirements of the accounting standards nominated by the client such as PFRS, PFRS for SMEs, GAAP for micro-entities, or management reporting framework.
• Generates or prepares financial statements and other reports required by the client.
• Makes adjustments including correction of erroneous data or reclassification of accounts as required by the client.
• Informs the PICs of any deviation from accounting standards and its implications. The client has the final decision on how transactions are recorded.
• Properly files accounting documents and records for each client.
• Assists in the preparation of annual financial statements, if engaged by the client.
• Prepares documents or schedules to assist in the audit of client financial statements by an independent auditor, if engaged.
• Liaises with clients, their representatives, and/or government agencies regarding transactions, applications, or concerns.

Tax Preparation and Filing Activities

• Assist in collecting and organizing financial data from clients, including income statements, balance sheets, expense reports, and other relevant documents.
• Prepare tax returns for clients, which include accomplishing various tax forms and schedules and calculating tax liabilities.
• Conducting research on tax regulations and laws in order to ensure clients' tax returns comply with the latest tax rules and regulations.
• Assist in the review and quality control of completed tax returns, ensuring that they are error-free and compliant with tax laws.



Tax PEZA Report Preparation

• Prepare necessary reports, including Quarterly and Annual Reports, Special Reports, and other documents as required by PEZA regulations.
• Assist in maintaining organized records and documentation related to PEZA compliance